MSA Advisors LLC Acquires Shares of 116,829 The Beachbody Company, Inc. (NYSE:BODI)

MSA Advisors LLC bought a new position in shares of The Beachbody Company, Inc. (NYSE:BODI) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 116,829 shares of the company’s stock, valued at approximately $668,000. Beachbody comprises about 0.2% of MSA Advisors LLC’s investment portfolio, making the stock its 19th largest holding. MSA Advisors LLC owned 1.69% of Beachbody as of its most recent SEC filing.

Separately, Mill Creek Capital Advisors LLC purchased a new position in Beachbody during the third quarter worth approximately $186,000. 74.48% of the stock is currently owned by hedge funds and other institutional investors.

Beachbody Stock Up 0.8 %

NYSE:BODI opened at $6.16 on Monday. The Beachbody Company, Inc. has a 52 week low of $5.14 and a 52 week high of $13.45. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.52 and a current ratio of 0.64. The stock’s fifty day moving average is $6.39 and its two-hundred day moving average is $7.38.

Analysts Set New Price Targets

Separately, Roth Mkm restated a “buy” rating and issued a $12.00 target price on shares of Beachbody in a report on Thursday, November 14th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $12.00.

Beachbody Company Profile

The Beachbody Company, Inc operates as a subscription health and wellness company that provides fitness, nutrition, and stress-reducing programs in the United States and internationally. The company operates Beachbody on Demand, a digital subscription platform that provides access to a library of live and on-demand fitness and nutrition content; and Beachbody on Demand Interactive (BODi) for live fitness and nutrition programs.